Below is a production possibilities curve involving tea and videos.
-Refer to the graph above to answer this question.Assume that the economy is facing PPI and that the economy is currently producing the combination of tea and videos represented by point A.What is the opportunity cost of increasing the output of videos to 400,000?
A) 400 tons of tea.
B) 800 tons of tea.
C) 100,000 videos.
D) 300,000 videos.
Correct Answer:
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